Investment: Finding the finance

Finance People on Divided Pound coin illustration ikon

Funding is the lifeblood for staffing firms, but whether it’s for growth or survival, recruiters should know exactly what they need the finance for before approaching investors. Colin Cottell investigates

When international recruiter Staffing 360 Solutions acquired Clement May, an RPO [recruitment process outsourcing firm] operating in the IT sector in July, the deal was facilitated by the group’s bankers HSBC. “When I met them to talk about funding for this deal, it took about 10 seconds for them to say ‘yes’,” says Brendan Flood, Staffing 360 Solutions’ chairman and CEO...

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